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McCain's senior policy adviser: "looking forward, not back" by extending Bush's tax cuts

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-25-08 06:21 AM
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McCain's senior policy adviser: "looking forward, not back" by extending Bush's tax cuts
On May 26, 2001, after then-Sen. Lincoln D. Chafee (R.I.) cast his vote against President Bush's $1.35 trillion tax cut, he trudged back to his office, convinced, he recalled, that he had been the lone Republican to oppose the largest tax cut in two decades.

But Chafee's staff told him that one other Republican, who had largely avoided the grueling efforts at compromise, had joined him in dissent. That senator, John McCain, was marching to his own beat, Chafee said, impervious to pressure from either side.

Now that he is the presumptive Republican presidential nominee, however, McCain is marching straight down the party line. The economic package he has laid out embraces many of the tax policies he once decried: extending Bush's tax cuts he voted against, offering investment tax breaks he once believed would have little economic benefit and granting the long-held wishes of tax lobbyists he has often mocked.

McCain's concerns -- about budget deficits, unanticipated defense costs, an Iraq war that would be longer and more costly than advertised -- have proved eerily prescient, usually a plus for politicians who are quick to say they were right when others were wrong. Yet McCain appears determined to leave such predictions behind.

"He's looking forward, not back," said Douglas Holtz-Eakin, McCain's senior policy adviser.

http://www.msnbc.msn.com/id/24305534/
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rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-25-08 06:37 AM
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1. mcbush is looking forward not back
to the 18th century for inspiration

Wasn't it that man of vision Homer J. Simpson who said, "Sure, it's not August 24, 1963 now. But, who knows what tomorrow will bring?"
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Benhurst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-25-08 07:18 AM
Response to Reply #1
3. Late 19th Century would be better: The Gilded Age and Era of the Robber Bartons.
The 18th Century was our best: The Age of Reason and of our Founding Fathers.

I wish there were somebody out there campaigning on taking us back to the principles of The Republic.
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Beer Snob-50 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-25-08 07:08 AM
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2. is it possible that this his just his way of getting the repubs out to vote
and if (and that is a very big if) he gets elected he won't go down this very destructive path?
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-25-08 07:22 AM
Response to Reply #2
4. McCain pander?
:evilgrin: I am sure he will follow through on this very bad and very greedy plan.
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